Boursaw Corporation has provided the following data concerning last month\'s ope

Question

Boursaw Corporation has provided the following data concerning last month's operations. Purchases of raw materials Indirect materials included in manufacturing overhead Direct labor cost Manufacturing overhead applied to Work in Process Underapplied overhead $33,000 4,000 $58,000 $78,000 $ 5,000 Beginning Ending Raw materials inventory 10,000 $15,000 work in process inventory 56,000 $72,000 Finished goods inventory 41,000 $49,000 Any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold. How much is the total manufacturing cost for the month on the Schedule of Cost of Goods Manufactured? Multiple Choice $144,000 $160,000 $216,000 $164,000

Explanation / Answer

Calculate total manufacturing cost on schedule of cost of goods manufactured :

so answer is b) $160,000

Direct material used (10000+33000-15000-4000) 24000 Direct labour 58000 Manufacturing overhead applied 78000 Total manufacturing cost for the month 160000

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